The Hotel Monaco is in the old Reed Smith Law Office building at William Penn Place. It is the 17th hotel to open in Pittsburgh since 2003.

The Hotel Monaco is in the old Reed Smith Law Office building at William Penn Place. It is the 17th hotel to open in Pittsburgh since 2003.

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Updated: 6:48 PM EST Jan 21, 2015

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WEBVTT TAKE US INSIDE FOR THE FIRST TIME. YOU LIKED THIS PLACE. I DO. WE'RE DOING THESE TOURS IN THE DAYS AND WEEKS TO COME. PITTSBURGH IS IN THE MIDST OF A HOTEL BOOM. OUR CITY IS AMONG THE NATION'S TOP MARKETS WHEN IT COMES TO PLACES TO STAY. THE LATEst PLACE TO LAY YOUR HEAD CALLS AN OLD PART OF THE CITY HOME. IT'S A FAMILIAR BUILT BILDING ON WILLIAM PENN PLACE. WITH A NEW NAME AND A BIG PROMISE. [ APPLAUSE ] THE MONACO I THINK WILL BE THE FUNNEST HOTEL TO STAY IN IN PITTSBURGH. Reporter: THE HOTEL MONACO IS THE 17th HOTEL TO OPEN IN PITTSBURGH SINCE 2003. THE HOME, THE OLD REED SMITH LAW OFFICE BUILDING. WE KEPT A LOOFT HISTORICAL ELEMENTS AND ADORND IT WITH MODERN FEATURES. Reporter: THE MIX OF HISTORY AND MODERN DESIGN APPARENT FROM THE LOBBY TO THE BALLROOMS, THAT ARE ALREADY BEING BOOKED FOR THE WEDDING. BALLROOMS THAT WERE THE LIBRARY OF THE LAW FIRM THAT INHABITED THIS BUILDING PREVIOUSLY. I THINK WE HAVE TWO 3,000-SQUARE-FOOTBALL ROOMS. Reporter: FOR GUESTS, 250 ROOMS AND 16 SUITES. EACH WITH MODERN AMENIAMENITIES. A UNIQUE DESIGN. AND SMALL ELEMENTS THAT PAY HOMAGE TO PITTSBURGH. LIKE THESE CHAIRS, WHERE A SILHOUETTE OF THE PITTSBURGH SKYLINE. THERE'S A BELOW GROUND DINING EXPERIENCE. A GREAT RESTAURANT CALLED THE COMMONER. AND THEN THE COMMONER CORNER. A TAVERN CONCEPT. FANTASTIC FOOD AND GREAT DRINKS. Reporter: COME SPRINGTIME, YOU CAN HEAD UP THE ELEVATOR TO A PLANNED BEER GARDEN. WE HOPE TO USE THE ROOF TOP IN THE SPRING WHEN THE WEATHER CHANGES SO PEOPLE WITH CAN GO AND HAVE A COCKTAIL ON THE TENTH FLOOR. ALL RIGHT, YOU GOT YOUR ROOM ALREADY? YEAH, I DO. A ROOM WITH TWO QUEEN BEDS IS $215 ON SATURDAY NIGHT. THE BEER GARDEN IS NOT OPEN YET. I KNOW, I'M GOING THE WAIT. WE HAVE A PAIR OF BOUTIQUE HOTELS SET TO OPEN IN EAST LISHTY.

Hotel Monaco opens in downtown Pittsburgh

The Hotel Monaco is in the old Reed Smith Law Office building at William Penn Place. It is the 17th hotel to open in Pittsburgh since 2003.